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Schoenherr has advised Austrian Raiffeisen Bank International AG (RBI) on its merger with unlisted Raiffeisen Zentralbank Oesterreich AG (RZB). RZB was advised by bpv Hugel.

Ostermann & Partners has assisted APS Holding with its acquisition of a Croatian portfolio of non-performing loans with a nominal value significantly exceeding EUR 100 million from Hrvatska Postanska Banka with the approval of the Croatian National Bank. The Hrvatska Postanska Bank was reportedly advised by Schoenherr.

Chajec, Don-Siemion & Zyto has advised Capital Partners Investment Fund on a loan provided to IPOS S.A., a Polish provider of IT solutions. GSW Legal Grabarek, Szalc i Wspolnicy — a member of Grata International — advised iPOS on the deal. Proceeds from the loan are to be converted into the company’s share capital through the investor’s exercise of rights under subscription warrants.

SCWP Schindhelm has advised the Wopfinger Group on the acquisition by group member Baumit Beteiligungen GmbH of 100% of the shares in w&p Baustoffe GmbH from Wietersdorfer Group. Closing of the deal remains contingent on the authorization of Austria's Federal Competition Authority. The Wietersdorfer Group's team was led by in-house lawyers Bruno Nagele and Daniel Schutzenauer.

Zivkovic Samardzic has advised South Central Ventures (SCV) on its investment in CUBE Risk Management Solutions, a tech startup providing risk assessment, reporting and monitoring services, market analysis, and competition and trade intelligence to companies operating on, planning to expand into, or investigating their competition's presence on the Serbian market.

Sorainen has represented Lidl Lietuva in successful negotiations with the Vilnius City Municipality, the Architects Association of Lithuania, and The Department of Cultural Heritage involving disputes regarding the architectural value of a former road police building on Giraites street in Vilnius.

Former Kinstellar Senior Associate Gabor Gomori has joined Deloitte Legal Erdos and Partners as Head of Real Estate and former Dentons attorney Luca Bokor has joined the firm's Banking & Finance practice.

Polish real estate lawyer Janusz Dzianachowski will be promoted to Partner by Linklaters as part of its global promotions round.

The Adriatic Legal Network has announced that Bosnia & Herzegovina's Sajic and Macedonia's Pepeljugoski law firms have joined the alliance formed in June of last year by Serbia's Joksovic, Stojanovic and Partners, Slovenia's Miro Senica and Attorneys, and Croatia's Kallay and Partners law firms.

Jolanta Zarzecka-Sawicka has been promoted to Partner at FKA Furtek Komosa Aleksandrowicz, where she heads the firm's Labor Law practice.

Greenberg Traurig Warsaw has promoted Local Partners Rafal Baranowski and Pawel Piotrowski to Shareholder and former Senior Associate Karolina Dunin-Wilczynska to Local Partner.

Konecna & Zacha has announced the launch of a new section for German speaking clients both in Prague and Bratislava with other offices to follow soon. The German Desk will be led by Partner Achim Jahnke, who joins from Dvorak Hager & Partners.

Suppose you were a German bank lending to a Spanish debtor under a loan agreement governed by German law. Once your Spanish debtor stops paying, the bank would have to obtain a German legal judgment and would then have to enforce it in Spain.

The Hungarian Ministry of Justice has submitted to the Parliament the bill on the new International Private Law Act on 28 February 2017.

The Romanian code regulating audiovisual content has been recently amended. Among the changes, we mention the fact that minors can no longer be used in food advertising. Also, an important modification provides that the advertising of food supplements must contain the data approved by the authorities. This month’s cover article examines these changes and the broader context of these specific regulations.

In order to comply with the provisions of the new Hungarian Civil Code, limited liability companies (Kft.) shall increase the amount of their registered capital up to HUF 3 million.

Good news for all the members of the Serbia Film Commission! On 31 January, the Serbian minister of culture and information, Mr. Vladan Vukosavljević, signed the revised version of the European Convention on Cinematographic Co-production in Rotterdam. This now enables Serbia to participate in co-productions even with non-European countries.

2016 was a notable year in Russia for the extension of control over, and further clarification of, data localization requirements; establishment of a strategy for the further development of personal data legislation and an increase in attention to cybersecurity issues.

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CEE Legal Matters is a media partner of the “International Arbitration: Emerging Changes” conference to be held on March 17 in Kyiv. With a look ahead to the event, we have asked Oleg Alyoshin, Partner and Head of International Arbitration at Vasil Kisil & Partners, about recent trends and the future of international arbitration in Ukraine, as well as about bringing world-known international arbitration practitioners to Kyiv for a conference. 

We first spoke with Pawel Stykowski, the Head of Legal at InterRisk in Poland, two years ago, in the December 2014 issue of the CEE Legal Matters. We decided to follow up with him now to see how his role and expectations have changed in that time.